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Channel Architect

This utility calculates and draws lines over the chart. There are two types of channels:

  • Channel A: the mainline is drawn using local Lows for uptrends and local Highs for downtrends.
  • Channel B: the mainline is drawn using local Highs for uptrends and local Lows for downtrends.

The parallel line of both types is built, using the maximum fractal between the base points of the mainline. There are few conditions which have to be fulfilled and can be changed in the parameters (see also picture 4):

  • The count of bars to the last base point of a line is called BarAge and has to be greater than the MinBarAge parameter.
  • The length of the line starting at the first base point is measured in bars and has to be greater than the MinLength parameter.
  • The ratio of the length between the base points of the mainline and the length of the whole line has to be greater than the MinLenfac parameter.
  • The ratio of bars since the line was broken (PostBreak) and the unbroken line length has to be less than the MaxPostBreakfac parameter.

One feature of the utility is that the lines will fade out with incoming bars if they are near to the point that they do not fulfill the conditions (e.g. line is broken and PostBreakfac gets too big). That makes it easier to differ the lines. So the next parameters are just for visual effects:

  • LineColor sets the main color of the lines.
  • ColorFadefac represents the color intensity at the point the conditions are scraped through; 0 means main color, 1 means background color.
  • FadeFac is similar to MinLenfac and sets the ratio when to start the fadeout.

The indicator works on all currency pairs and timeframes.

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The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Utilitys
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
TPSpro Trade PRO
Roman Podpora
5 (3)
Utilitys
An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
Pro Arbitrage EA MT4
M Ardiansyah
Utilitys
Pro Arbitrage EA   trades based on Arbitrage Strategy. The strategy is like a scalping technology but on three cross currency pairs at the same time. Each trade basket involves three pairs (all open at the same time) and they will close at once when any desired profit reaches. The strategy has no SL technically because all opened currencies are hedged. SL can happen if high slippages on order execution on the broker side. So the strategy is one of the safest ones in the world. MT4 Limitation :
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.86 (63)
Utilitys
Trading Panel für den Handel mit 1 Klick.  Arbeiten mit Positionen und Aufträgen!  Handeln vom Chart oder von der Tastatur. Mit unserem Trading-Panel können Sie mit einem Klick vom Chart aus handeln und Handelsoperationen 30-mal schneller ausführen als die Standard-MetaTrader-Steuerung. Automatische Berechnungen von Parametern und Funktionen, die einem Händler das Leben erleichtern und einem Händler helfen, seine Handelsaktivitäten viel schneller und bequemer durchzuführen. Grafische Tipps und
StarseedFX Smart Trading Tool
Mohamed Elsayed
4.91 (22)
Utilitys
What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa
Risk Manager for MT4
Sergey Batudayev
4.56 (9)
Utilitys
Expert Advisor Risk Manager für MT4 ist ein sehr wichtiges und meiner Meinung nach notwendiges Programm für jeden Trader. Mit diesem Expert Advisor können Sie das Risiko in Ihrem Handelskonto kontrollieren. Die Risiko- und Gewinnsteuerung kann sowohl monetär als auch prozentual erfolgen. Damit der Expert Advisor funktioniert, hängen Sie ihn einfach an das Währungspaardiagramm an und legen Sie die akzeptablen Risikowerte in der Einzahlungswährung oder in % des aktuellen Guthabens fest. PROMO
Easy Trade Manager
Anoop Sivasankaran
4.78 (37)
Utilitys
Easy Trade Manager 1.0 Grundmerkmale, die einer der wichtigsten Faktoren für einen erfolgreichen Händler sind;     1. Buchgewinne bei TP1, TP2 und TP3     2. Risikomanagement nach dem pro Trade festgelegten Betrag. Beispiel: 100 € (maximaler Verlust) - Dies kann 2% Ihres gesamten Eigenkapitals betragen.     3. Legen Sie fest, wie viel (%) Sie bei TP1, TP2 und TP3 buchen möchten. Z.B. 50% von 100 USD bei TP1, 25% bei TP2 und 25% bei TP3     4. Wählen Sie die LOS-GRÖSSE automatisch an
CloseIfProfitorLoss with Trailing
Vladislav Andruschenko
4.87 (30)
Utilitys
Schließen von Positionen in MetaTrader 4 nach Erreichen des Gesamtgewinns / -verlusts mit der Gewinnverfolgungsfunktion. Sie können die   virtuellen Stopps (separate Reihenfolge) aktivieren. Berechnung und Abschluss für   BUY- und SELL-Positionen getrennt (Separate BUY SELL)   , Schließen und Berechnen   aller Symbole oder nur des aktuellen Symbols (Alle Symbole)   , Trailing for Profit   aktivieren   (Trailing Profit) Schließen Sie den Gesamtgewinn und -verlust der Einlagenwährung, Punkte,% de
Forward Alert Msg to Telegram
Nguyen Quoc Hung
5 (2)
Utilitys
This EA is fully automated , it is built based on  the method of catching the pop-up Alert event and forwarding them to Telegram Channel/Group. Parameters of the EA: -------- <EA Settings> -------- Magic Number:   The identifying (magic) number of the currently selected order. Bot name:   Name of the Expert Advisor. -------- <Telegram Settings> -------- Telegram Bot Token: Each bot is given a unique authentication token when it is created. Telegram Chat_ID: Unique identifier for the target cha
Trading History MT4
Siarhei Vashchylka
5 (4)
Utilitys
Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experi
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